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Concerning American Silver Eagle Coins

 
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Author Previous TopicReplies: 5 / Views: 426Next Topic  
Pillar of the Community
United States
2305 Posts
 Posted 05/30/2021  11:32 am Show Profile   Bookmark this topic Add Dearborn to your friends list Get a Link to this Message
when it comes to identifying between Strikes of Eagle Coins Which is witch?

Obviously a Proof is a proof strike (same goes for the Reverse proof) So lets ignore them for now.

I'm talking about the Uncirculated/bullion/burnished coins

Lets look at how the US Mint labels them.

look at the COA of the 2011 Eagle Set:

it has the:
W Uncirculated
W Proof (to be ignored in this discussion I hope)
P Reverse Proof (This one too)

No MM Bullion
S Uncirculated

Are all the Non- proof coins considered Burnished Coins? Or are they labeled as the Mint did on the COA?

My question arises due to the fact the I will be collecting the 'Burnished' Eagles at some point

Collecting since 1972. Learning from then on
"Tell me and I forget. Teach me and I remember. Involve me and I learn." -Benjamin Franklin
My Dansco 7070 type set coin count: 31/76
My Dansco 8176 Eisenhower dollar Album coin count: 36/36, My Dansco 8166,8167 Kennedy half dollar Album coin count: 198/198
My Dansco 8140,8143-8147 Washington quarter Albums coin count: 423/423
My Dansco 8113,8114 Jefferson nickel Albums coin count: not sure yet
Valued Member
United States
418 Posts
 Posted 05/30/2021  1:07 pm  Show Profile   Bookmark this reply Add bzookaj to your friends list Get a Link to this Reply
There's bullion (no mm), uncirculated (with mm), and proof (with mm).
Burnished and uncirculated are the same coins.

The mint only sells the uncirculated and proof directly to customers. Bullion has to bought from authorized dealers.
Edited by bzookaj
05/30/2021 1:08 pm
Pillar of the Community
United States
2305 Posts
 Posted 05/30/2021  1:21 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply
AH! Got it, Thanks.

I'm guessing now that bullion coins will generally sell a scosh above Spot then?
Collecting since 1972. Learning from then on
"Tell me and I forget. Teach me and I remember. Involve me and I learn." -Benjamin Franklin
My Dansco 7070 type set coin count: 31/76
My Dansco 8176 Eisenhower dollar Album coin count: 36/36, My Dansco 8166,8167 Kennedy half dollar Album coin count: 198/198
My Dansco 8140,8143-8147 Washington quarter Albums coin count: 423/423
My Dansco 8113,8114 Jefferson nickel Albums coin count: not sure yet
Pillar of the Community
United States
914 Posts
 Posted 05/30/2021  7:00 pm  Show Profile   Bookmark this reply Add MrPink2018 to your friends list Get a Link to this Reply
ehhh... you might want to have a look at APMEX (as just one example) to see what they're selling for. I just looked. you can get a random date bullion ASE for $38.... or you could spend as much as $59, depending on the date, so those prices are $10 - $30 over spot.

edit: additionally, the only burnished coin they have listed (with box & COA) is the 2011-W for $59.99. they have some slabbed, not many choices tho.
Edited by MrPink2018
05/30/2021 7:07 pm
Pillar of the Community
United States
2305 Posts
 Posted 05/30/2021  7:45 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply
Thanks Mr. Pink Great information. Luckily A already have the 2011-W (and a few others that were issued in multi coin sets. (2006, 2011, 2012, 2013).
Collecting since 1972. Learning from then on
"Tell me and I forget. Teach me and I remember. Involve me and I learn." -Benjamin Franklin
My Dansco 7070 type set coin count: 31/76
My Dansco 8176 Eisenhower dollar Album coin count: 36/36, My Dansco 8166,8167 Kennedy half dollar Album coin count: 198/198
My Dansco 8140,8143-8147 Washington quarter Albums coin count: 423/423
My Dansco 8113,8114 Jefferson nickel Albums coin count: not sure yet
Pillar of the Community
United States
914 Posts
 Posted 05/31/2021  03:02 am  Show Profile   Bookmark this reply Add MrPink2018 to your friends list Get a Link to this Reply
I'm sure some of the other usual, big-name dealers have at least a few different makes, dates & mints. I just used APMEX as one example.

yeah, I did the same, I assembled a burnished set once i'd acquired those same coins in those same sets. I acquired a blank ASE dansco album for the burnished ASEs.
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